UCO Bank concluded the financial year 2025-26 with robust performance, achieving a global business milestone of over ₹5.9 lakh crore. The bank reported a net profit of ₹2,768 crore, marking a 13.21% growth. Strategic focus on digital transformation, including the rollout of 31 straight-through processing digital loan journeys, and sustained efforts in improving asset quality, with Gross NPA declining to 2.17%, were key highlights for the fiscal year.
Financial Highlights of FY 2025-26
UCO Bank demonstrated consistent financial growth during the 2025-26 fiscal year. The bank’s operating profit grew by 6.49% to reach ₹6,429 crore, up from ₹6,037 crore in the previous year. Driven by an 8.64% increase in interest income from advances, the total interest income rose to ₹26,281 crore. The net interest income also saw healthy growth of 5.89%, reaching ₹10,197 crore.
Strategic Growth and Digital Transformation
During the year, UCO Bank accelerated its digital journey, focusing heavily on customer convenience and technology-led innovation. A major achievement was the successful implementation of 31 end-to-end digital lending processes across various categories, including home, vehicle, and agricultural loans. The bank also expanded its physical presence by adding 110 new branches, bringing the total domestic network to 3,412 branches. The bank’s digital initiatives resulted in a robust digital balance sheet of ₹25,350 crore.
Asset Quality and Operational Improvements
A significant highlight of the year was the continued improvement in asset quality. Gross NPA fell to 2.17% from 2.69% in the previous year, while Net NPA declined to 0.27%. These results underscore the bank’s successful recovery efforts, which include the introduction of ‘UCO Adalat’ for direct negotiations and active participation in National Lok Adalats. Total recovery and upgradation efforts during the year amounted to ₹2,944.30 crore.
Looking Ahead: FY 2026-27 Strategic Agenda
For the upcoming fiscal year, UCO Bank remains committed to maintaining a measured growth strategy. The bank’s agenda centers on sustaining credit growth while upholding asset quality, expanding the Retail and MSME portfolios through digital channels, and accelerating investments in cybersecurity, Artificial Intelligence, and data analytics to future-proof its operations. The bank is poised to deliver sustainable profitability as it continues to support India’s evolving economic landscape.
Source: BSE
